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Russia
Liquefied Natural Gas , Policy & Regulations , International
Chesapeake CEO, Commonwealth LNG Chair Say Europe Must Prepare for Next Winter
In 2022, Europe raced to fill gas storage with LNG imports; now its focus must turn to next year’s winter, top executives at Commonwealth LNG and Chesapeake Energy said Feb. 1 during a panel discussion at the NAPE summit in Houston.
February 2, 2023
Natural Gas
EU Must Extend Gas Demand Curbs to Prepare for Next Winter
Policymakers should underpin future demand reduction targets by encouraging a structural shift away from gas, says Bruegel.
February 2, 2023
Natural Gas , Crude Oil , International , Energy Transition
BP: Ukraine War Likely to Speed Decline in Fossil Fuel Use
The fallout from Russia’s invasion of Ukraine includes a global movement away from imported fossil fuels toward domestically produced renewables, BP said in its annual Energy Outlook.
February 1, 2023
Business , Earnings , International
Russia Seeks $220 Million in Unpaid Taxes from Exxon
The Sakhalin regional court website lists a claim against Exxon Neftegaz Ltd, Exxon's Russian subsidiary, and the case's hearing scheduled for Feb. 28.
January 31, 2023
Liquefied Natural Gas , Exports
Russia Boosts LNG Exports to Europe by 20% in 2022
According to Refinitiv data, Russian gas exports to Europe dropped to a new post-Soviet low in 2022, but its total LNG exports rose to approximately 33 million tonnes, with more than half of it going to Europe.
January 31, 2023
Crude Oil , Trade , International
What's Affecting Oil Prices This Week? (Jan. 30, 2023)
Imposition of Russian oil exports is set to take effect on Feb. 5, which is expected to negatively affect Europe's diesel market due to the region's dependence on diesel fuel imported from Russia.
January 30, 2023
Markets , Crude Oil , International
Oil Steadies as Rate Hikes Loom, Russian Flows Stay Strong
Oil steadied on Jan. 30 as looming interest rate hikes by major central banks and signs of strong Russian exports balanced rising Middle East tension over a drone attack in Iran and hopes of higher Chinese demand.
January 30, 2023
Crude Oil , International
Russian Minister: Pakistan to Pay for Oil Purchases in Currency of 'Friendly Countries'
Pakistan's Petroleum Minister Musadik Malik said that Islamabad wants to import 35% of its total crude oil requirement from Russia.
January 20, 2023
Crude Oil , International
Yellen Says Russian Oil Price Cap Could Save African Countries $6 Billion Annually
U.S. Treasury Secretary Yellen says Russia's war in Ukraine is harming Africa's economy and presses for 'timely' debt relief for African countries.
January 20, 2023
Petrochemicals , Transactions
BASF Shareholders Say Russia Exit Sets Up Oil and Gas IPO
Though ruled out for now given the Russia-Ukraine war, BASF still plans to pursue IPO plans for Wintershall Dea.
January 19, 2023